Seminar Description

This seminar focuses on understanding real estate investment from a small-property perspective and is intended as an introduction to investment analysis.

“I have designed the class so that first time investors as well as experienced real estate professionals should feel comfortable with the pace and find it educational.  There are no prerequisites for the class, therefore I start at a basic level and then ramp it up as I proceed through the day.” Barrett Slade 

Laying the Foundation—Examines the investment nuances of various small-property types, including multifamily and single-family residential, condominiums, retail, office, industrial, and vacant land. In addition, various investment strategies pertaining to property type and geographic selection are explored.

Time Value of Money—Reviews the fundamentals of future and present value analysis, amortization, net present value analysis, and internal rate of return analysis. These concepts are approached from an introductory perspective with no prior experience required.

Mortgage Financing—Explores traditional and creative financing alternatives and reviews numerous loan types. In addition, the investment impact from alternative loan terms is analyzed.

Market and Financial Analysis—Outlines practical procedures for conducting primary market and financial analysis of a prospective investment property. An actual case study is used to illustrate the practical aspects of examining market rents, occupancies, and operating expense data.

Income Tax Reduction Strategies—Explores the latest tax reduction strategies by examining mortgage interest and depreciation deductions, capital gains taxes, depreciation recapture taxes, and passive activity loss rules.

Investment Analysis—Examines important investment decision measures, including breakeven analysis, debt coverage ratio analysis, after-tax cash flow analysis, and direct capitalization analysis.

Forms of Legal Ownership and Contract-Related Issues—Reviews the characteristics of common legal forms of ownership, including partnerships, corporations, and sole proprietorships as well as important contract-related issues pertaining to small-property acquisitions.

Case Studies—Two case studies are reviewed to solidify the concepts and techniques previously learned and to enhance the practical application of the seminar material.